American Green (American Green) Change In Inventory : $-0.03 Mil (TTM As of Jun. 2023)

View and export this data going back to . Start your Free Trial

What is American Green Change In Inventory?

American Green's change in inventory for the quarter that ended in Jun. 2023 was $-0.03 Mil. It means American Green's inventory increased by $0.03 Mil from Jun. 2022 to Jun. 2023 .

American Green's change in inventory for the fiscal year that ended in Jun. 2023 was $-0.03 Mil. It means American Green's inventory increased by $0.03 Mil from Jun. 2022 to Jun. 2023 .

American Green's Total Inventories for the quarter that ended in Jun. 2023 was $0.03 Mil.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. American Green's Days Inventory for the quarter that ended in Jun. 2023 was 2.95.

Inventory Turnover measures how fast the company turns over its inventory within a year. American Green's Inventory Turnover for the quarter that ended in Jun. 2023 was 61.81.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. American Green's Inventory-to-Revenue for the quarter that ended in Jun. 2023 was 0.00.

American Green Change In Inventory Historical Data

The historical data trend for American Green's Change In Inventory can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

American Green Change In Inventory Chart

American Green Annual Data

Trend

Jun22

Jun23

Change In Inventory

0.01

-0.03

American Green Semi-Annual Data
	Jun22	Jun23
Change In Inventory	0.01	-0.03

American Green Change In Inventory Calculation

Change In Inventory is the difference between last period's ending inventory and the current period's ending inventory.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Change In Inventory for the trailing twelve months (TTM) ended in Jun. 2023 was $-0.03 Mil.

American Green (OTCPK:ERBB) Change In Inventory Explanation

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

American Green's Days Inventory for the quarter that ended in is calculated as:

Days Inventory	=	Average Total Inventories	/	Cost of Goods Sold	*	Days in Period
	=	0.016	/	0.989	*	365 / 2
	=	2.95

2. Inventory Turnover measures how fast the company turns over its inventory within a year.

American Green's Inventory Turnover for the quarter that ended in Jun. 2023 is calculated as

Inventory Turnover	=	Cost of Goods Sold	/	Average Total Inventories
	=	0.989	/	0.016
	=	61.81

3. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

American Green's Inventory to Revenue for the quarter that ended in Jun. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories	/	Revenue
	=	0.016	/	3.793
	=	0.00

American Green Change In Inventory Related Terms

Thank you for viewing the detailed overview of American Green's Change In Inventory provided by GuruFocus.com. Please click on the following links to see related term pages.

American Green (American Green) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » American Green Inc (OTCPK:ERBB) » Definitions » Change In Inventory

Comparable Companies

Traded in Other Exchanges

N/A

Address

30 N Gould Street, Suite R, Sheridan, WY, USA, 82801

Website

https://www.americangreen.com

American Green Inc is a technology company in the medical cannabis industry. It is involved in the business of developing a cultivation facility in Phoenix Arizona for medical marijuana and also owns proprietary dispensing machines and all rights to a line of health supplements.